Antitrust

In the United States, antitrust law is a collection of federal and state government laws that regulate the conduct and organization of business corporations and are generally intended to promote competition and prevent monopolies.

Source: en.wikipedia.org

Visa Facing Merchant Class Action Case Amid DOJ Antitrust Action

Visa Facing Merchant Class Action Case Amid DOJ Antitrust Action
Visa Facing Merchant Class Action Case Amid DOJ Antitrust Action
October 02, 2024  |  Payment Methods

Visa is facing a class action lawsuit from merchants connected to its debit network. The suit accused Visa of anticompetitive behavior related to its debit...

READ MORE >
Microsoft’s Omnipresence Catches Eye of German Antitrust Watchdog
Microsoft’s Omnipresence Catches Eye of German Antitrust Watchdog
September 30, 2024  |  ANTITRUST

Microsoft’s size and scope has gotten the attention of Germany’s antitrust regulator. The Federal Cartel Office announced Monday (Sept. 30) that it was placing the...

READ MORE >
Epic Games Suing Google and Samsung Over App Store Competition
Epic Games Suing Google and Samsung Over App Store Competition
September 30, 2024  |  Legal & Regulation

Epic Games is accusing Samsung and Google of a scheme to block their competition. The maker of the popular Fortnite video game said Monday (Sept. 30) it will sue the companies in...

READ MORE >
UK’s CMA Decides Amazon-Anthropic Partnership Won’t Lessen Competition in AI
UK’s CMA Decides Amazon-Anthropic Partnership Won’t Lessen Competition in AI
September 27, 2024  |  ANTITRUST

The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Sept. 27) that it decided it will not further investigate whether Amazon’s partnership with Anthropic...

READ MORE >
Visa Adds $1.5 Billion to Litigation Escrow Account
Visa Adds $1.5 Billion to Litigation Escrow Account
September 27, 2024  |  Payment Methods

Visa disclosed Thursday (Sept. 26) that it authorized the deposit of $1.5 billion into the litigation escrow account previously established under its U.S. retrospective responsibility...

READ MORE >
Visa Responds to DOJ Debit Card Complaint
Visa Responds to DOJ Debit Card Complaint
September 24, 2024  |  ANTITRUST

Following through on reports circulated Monday (Sept. 23), the U.S. Department of Justice filed an antitrust lawsuit against Visa, accusing it of stifling competition in...

READ MORE >
Report: DOJ to File Antitrust Suit Targeting Visa’s Debit Card Practices
Report: DOJ to File Antitrust Suit Targeting Visa’s Debit Card Practices
September 23, 2024  |  ANTITRUST

The U.S. Justice Department reportedly plans to file an antitrust suit against Visa as early as Tuesday (Sept. 24). The agency plans to allege that...

READ MORE >
European Commission Announces Antitrust Inspections of Unnamed Financial Services Companies
European Commission Announces Antitrust Inspections of Unnamed Financial Services Companies
September 23, 2024  |  ANTITRUST

The European Commission (EC) said in a Monday (Sept. 23) press release that it began unannounced antitrust inspections at the premises of financial services companies...

READ MORE >